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BAM’s PPP Business Rebrands After 50% Sale

BAM’s PPP Business Rebrands After 50% Sale
10 March 2022
 

BAM Group’s public-private partnership projects business is changing its name to Invesis, following a change in the company’s ownership structure.

Pension fund manager and global investor PGGM owns a 50 per cent stake in Invesis (formerly BAM PPP).

Invesis will manage all PPP (P3) civil and social infrastructure projects in all of its markets, whilst also expanding into new ones including North America and Australia, where it is currently a partner on the Cross River Rail project in Brisbane.

Unveiling the new brand identity, Chief Executive Kieron Meade, said: “The infrastructure needs of the world are changing. There is an explosion in demand for digital infrastructure to meet the exponential growth in data-driven by the internet of things, 5G, virtual reality and AI. There is an urgent and pressing need to invest in the transition from an economy dependent on fossil fuels to a net-zero future based on renewable energy. 

“We have to provide infrastructure for communities to become more resilient and to safeguard our coasts and cities from the impact of climate change. Invesis is ready to support our clients and partners in delivering the infrastructure required to meet these huge challenges and provide a sustainable future for the communities we serve.”

Picture: a photograph of a person writing on some paper. Image Credit: Unsplash

Article written by Ella Tansley | Published 10 March 2022

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